Fairways Warren Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 16091612

		31 March 2025
	Notes	£	£
FIXED ASSETS
Investments	4		2,060,958

			2,060,958
CURRENT ASSETS
Debtors	5	2
Cash at bank and in hand		23,555

		23,557
Creditors: Amounts Falling Due Within One Year	6	(2,100,299 )

NET CURRENT ASSETS (LIABILITIES)			(2,076,742 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,784 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(96 )

NET LIABILITIES			(15,880 )

CAPITAL AND RESERVES
Called up share capital	7		4
Profit and Loss Account			(15,884 )

SHAREHOLDERS' FUNDS			(15,880)

Page 1

Page 2

Fairways Warren Ltd

Balance Sheet (continued)

As At 31 March 2025

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr S Wadhwani

Director

17 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Fairways Warren Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16091612 . The registered office is 76 Canterbury Road, Croydon, Surrey, CR0 3HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1 A -'The Financial Reporting Standard applicable in the UK and Republic oflreland' and the Companies Act 2006.

Revenue recognition

Turnover shown in the profit and loss account represents amounts invoiced during the year.

The company recognises revenue when:

i. The amount of revenue can be reliably measured;

ii. it is probable that future economic benefits will flow to the entity;

iii. and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Fairways Warren Ltd

Notes to the Financial Statements (continued)

For the Period 20 November 2024 to 31 March 2025

2.3. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

4. Investments

	Listed
	£
Cost or Valuation
As at 20 November 2024	-
Additions	2,060,958

As at 31 March 2025	2,060,958

Provision
As at 20 November 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	2,060,958

As at 20 November 2024	-

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

5. Debtors

	31 March 2025
	£
Due within one year
Due after more than one year
Other debtors	2

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025
	£
Trade creditors	1
Accruals and deferred income	300
Directors' loan accounts	2,099,998

	2,100,299

Page 4

Page 5

Fairways Warren Ltd

Notes to the Financial Statements (continued)

For the Period 20 November 2024 to 31 March 2025

7. Share Capital

	31 March 2025
	£
Allotted, Called up and fully paid	4

8. Related Party Transactions

Other transactions with directors

Dr S Wadhwani and Mrs R Wadhwani

(Directors and Shareholders)

At the balance sheet date, the amount due to Dr S Wadhwani and Mrs R Wadhwani was £2,099,998. This amount is interest free and repayable on demand.

Page 5